Ordinance 2017-27 ORDINANCE NO. 2017-27
AN ORDINANCE FIXING THE TAX RATE AND LEVY FOR THE
CITY OF WYLIE, TEXAS, UPON ALL TAXABLE PROPERTY IN
THE CITY OF WYLIE, TEXAS, FOR THE PURPOSE OF PAYING
THE CURRENT EXPENSES OF THE CITY FOR THE FISCAL YEAR
ENDING SEPTEMBER 30, 2018, AND FOR THE FURTHER
PURPOSE OF CREATING A SINKING FUND TO RETIRE THE
PRINCIPAL AND INTEREST OF THE BONDED INDEBTEDNESS
OF THE CITY; PROVIDING FOR A LIEN ON ALL REAL AND
PERSONAL PROPERTY TO SECURE PAYMENT OF TAXES DUE
THEREON; CONTAINING A SEVERABILITY CLAUSE;
REPEALING ALL ORDINANCES AND PARTS THEREOF IN
CONFLICT HEREWITH; AND PROVIDING FOR AN EFFECTIVE
DATE.
THIS TAX RATE WILL RAISE MORE TAXES FOR
MAINTENANCE AND OPERATIONS THAN LAST
YEAR'S TAX RATE. THE TAX RATE WILL
EFFECTIVELY BE RAISED BY 1.19 PERCENT AND
WILL RAISE TAXES FOR MAINTENANCE AND
OPERATIONS ON A $100,000 HOME BY
APPROXIMATELY $-43.09.
WHEREAS, the City Council has this date, by way of Ordinance duly passed, adopted a
Budget of operation for the City for fiscal year 2017-2018; and
WHEREAS, the aforesaid Ordinance anticipates and requires the levy of an ad valorem
tax all taxable property in the City of Wylie; and
WHEREAS, it is necessary to levy such an ad valorem tax at a given rate to generate
revenues sufficient to meet projected expenses; and
WHEREAS, the City has fully and: timely complied with all notice and other
requirements relative to the adoption of a tax rate for fiscal year 2017-2018; and
WHEREAS, notice of the proposed tax rate, as well as the effective tax rate, has been
published as required by law and the City has received no formal protest thereof.
NOW THEREFORE, BE IT ORDAINED by the City Council of the City of Wylie,
Texas, as follows:
Section 1. There is hereby levied for the fiscal year 2017-2018 upon all real property
situated within the corporate limits of said City of Wylie, Texas, and upon all personal property
Ordinance 2017-27
Approval of Tax Rate Year 2017
and Budget Year FY2017-2018
1
which was owned within the corporate limits of said City of Wylie, Texas, on the first day of
January, A.D. 2017, except so much thereof as may be exempt by the Constitution or laws of the
State of Texas, a total tax of $0.781 on each $100 of assessed valuation on all said property
which said total tax herein so levied shall consist and be comprised of the following components:
a) An ad valorem tax rate of $0.580307 on each $100 of assessed valuation of said taxable
property is hereby levied for general city purposes and to pay the current operating expenses
of said City of Wylie, Texas, for the fiscal year ending September 30, 2018, which tax, when
collected shall be appropriated to and for the credit of the General Fund of said City of
Wylie, Texas.
b) An ad valorem tax rate of $0.200693 on each $100 of assessed valuation of said taxable
property is hereby levied for the purpose of creating an Interest and Sinking Fund with which
to pay the interest and principal of the valid bonded indebtedness, and related fees of the City
of Wylie, now outstanding and such tax when collected shall be appropriated and deposited
in and to the credit of the General Debt Service Fund of the City of Wylie, Texas, for the
fiscal year ending September 30, 2018.
Section 2. The City of Wylie shall have a lien on all taxable property located in the City of
Wylie to secure the payment of taxes, penalty and interest, and all costs of collection, assessed
and levied hereby.
Section 3. Taxes are payable in McKinney, Texas, at the Office of the Tax-Assessor
Collector of Collin County. The City shall have available all the rights and remedies provided
by law for the enforcement of the collection of taxes levied under this ordinance.
Section 4. That the tax roll presented to the City Council, together with any supplements
thereto, be and same are hereby accepted and approved.
Section 5. Should any paragraph, sentence, sub-division, clause, phrase or section of this
ordinance be adjudged or held to be unconstitutional, illegal, or invalid, the same shall not affect
the validity of this ordinance as a whole or any part or provision thereof, other than the part, or
parts as declared to be invalid, illegal, or unconstitutional.
Section 6. This ordinance shall be in full force and effect from and after its adoption by the
City Council and publication of its caption as the law and the City Charter provide in such cases.
Section 7. That all other ordinances and code provisions in conflict herewith are hereby
repealed to the extent of any such conflict or inconsistency and all other provisions of the Wylie
City Code not in conflict herewith shall remain in full force and effect.
Section 8. The repeal of any ordinance, or parts thereof, by the enactment of this Ordinance,
shall not be construed as abandoning any action now pending under or by virtue of such
ordinance; nor shall it have the effect of discontinuing, abating, modifying or altering any
penalty accruing or to accrue, nor as affecting any rights of the municipality under any section or
provision of any ordinances at the time of passage of this ordinance.
Ordinance 2017-27
Approval of Tax Rate Year 2017
and Budget Year FY2017-2018
2
DULY PASSED AND APPROVED by the Cite Council of the City of Wylie, Texas, on
this the 12th day of September, 2017.
Eric Hogue, Ma r
ATTEST:
Carole Ehrlich, rty Secretary ? ;^`?` r�"�
3T
IF"._irr 6
§k
sj-
� �U.F,60LORgp�
9 f;14n FE RAriV,,�Y
"Z'4TI?OF TE��'
Ordinance 2017-27
Approval of Tax Rate Year 2017
and Budget Year FY2017-2018
3